Openeyes
Commercial Automotive Insurance for Fleets
Startup A Fintech & Insurtech Est. 2020
Total Raised
$23M
A
Last Round
$18M
2 rounds
Investors
3
3 public
Team
6
11-50 employees
Confidence
80/100
News
1
articles
About
OpenEyes is an insurance company dedicated to providing innovative solutions to the commercial automotive industry. The company’s primary focus is on offering commercial automotive insurance to fleets of all kinds at lower rates. To achieve this goal, OpenEyes has developed a range of cutting-edge technologies that help fleet managers and safety officers reduce the frequency and severity of traffic accidents. The core of OpenEyes’ offering is its risk management platform, a powerful software solution that enables fleet managers and safety officers to identify the sources of risk in their fleet quickly and easily. By analyzing data from a range of sources, including telematics, weather, and traffic data, OpenEyes is able to provide insights into the most common causes of accidents, allowing fleet managers to implement practices that reduce the frequency of accidents and improve safety for their drivers. In addition to its risk management platform, OpenEyes has developed solutions for precise underwriting and claims handling. By using advanced algorithms and machine learning techniques, the company is able to underwrite policies more accurately, which can result in lower rates for customers. OpenEyes also streamlines claims handling, making the process quicker and more efficient for both the company and its customers.
Classification
Sector
Fintech & InsurtechInsurtech
Core Technology
Artificial IntelligencePlatforms & InterfacesWeb
Target Customer
Financial ServicesFinancial ProductsInsuranceIndustrial ManufacturingDiscrete IndustriesAutomotiveTransportation & LogisticsTransportation InfrastructureRoad & Rail
Business Model
B2B
Tags
fleet-managementinsurtech
Funding & Events
Jun 2020
Seed $5M
Pitango First (Lead), MoreVC (Lead)
Feb 2023
A Round $18M
Pitango First (Lead), Insight Partners (Lead), MoreVC
News (1)
Feb 15, 2023 · www.calcalistech.com
growth-positive
Insurtech startup OpenEyes raises $18 million Series A for commercial auto insurance for fleets | CTech
InvestmentExpand
Details
Product Stage
Released
Employees
11-50
Exact Count
33
Founded
2020
Registrar
516172285
Locations
Shlomo Ibn Gabirol St 71, Tel Aviv-Yafo, Israel
11801 Domain Blvd, Austin, TX 78758, USA
12 E 49th St, New York, NY 10017, USA
Links
Admin
Last Update
May 7, 2025
Verified by
Jenny Sotnik-Talisman
Missing
tags, video or image, markets, not claimed
Team (6)
Dan Charash
Co-founder & Chairman
Founder
Yoav Oron
Co-founder & CEO
Founder
Omry Sendik
Co-founder & CTO
Founder
Gary Flaherty
Chief Insurance Officer
Roee Pargament
Chief Operating Officer
Jim Gulley
Head Of Underwriting
Internal
Created by
Ayelet Levi Shinebox (yayhosh@gmail.com)
Created
2023-02-16T00:00:00.000Z